Suzlon expects Rs70bn investments in Vadodara SEZ. (BL)
IOC follow-on offer expected to hit market in January. (FE)
Indian Oil Corporation eyes Rs150bn turnover from petrochemicals business. (BL)
HPCL eyes E&P assets in developing nations. (FE)
GM India launches captive LNG facility, ties up with BPCL, INOX for gas supply, transport. (BL)
BPCL to sell some residential properties in Karnataka. (BL)
GAIL is looking at setting up gas-based power plants as well as wind and solar energy projects. (BL)
Thursday, September 23, 2010
Wednesday, September 22, 2010
BANG ON TARGETShort Nifty Sept futs at 6007-6010 with SL of 6020 for target 5980
"Visit Daily www.NorthPole77.com , Join profit making community...Today!"
The FIIs were net buyers of Rs23.12bn in the cash segment on Tuesday (provisionally), according to the NSE web site. Local funds were net sellers of Rs12.6bn. In the F&O segment, the foreign funds were net sellers at Rs21.76bn. The FIIs were net buyers of Rs18.78bn in the cash segment on Monday, according to SEBI data. Mutual Funds were net sellers of Rs2.08bn on the same day.
Corporate Snippets
Nord Imperial, the Russian subsidiary of India’s state-run ONGC, has entered the fray to bid for the Trebs and Titov deposits, the largest unallotted hydrocarbon fields remaining in Russia. (BS)
Ranbaxy has received an exclusive six-month marketing opportunity to sell a generic version of Japanese drugmaker Eisai’s drug for Alzheimer’s in the US. (BS)
According to a senior company official, GMR group does not plan to pursue the opportunity of developing Medina airport in Saudi Arabia. (BL)
Indian Oil Corporation (IOC) has earmarked US$1bn for the acquisition of good-quality producing or developing E&P assets abroad. (ET)
BHEL has got a contract worth Rs26.65bn to set up a 1,200 MW coal-fired power plant at Chhattisgarh. (BL)
Ranbaxy has received an exclusive six-month marketing opportunity to sell a generic version of Japanese drugmaker Eisai’s drug for Alzheimer’s in the US. (BS)
According to a senior company official, GMR group does not plan to pursue the opportunity of developing Medina airport in Saudi Arabia. (BL)
Indian Oil Corporation (IOC) has earmarked US$1bn for the acquisition of good-quality producing or developing E&P assets abroad. (ET)
BHEL has got a contract worth Rs26.65bn to set up a 1,200 MW coal-fired power plant at Chhattisgarh. (BL)
Tuesday, September 21, 2010
BUY 5900 Sept PE between Rs26 to Rs28 with SL of Rs21 for target of Rs55
"Visit Daily www.NorthPole77.com , Join profit making community...Today!"
European markets open flat
"Visit Daily www.NorthPole77.com , Join profit making community...Today!"
Short Bank Nifty Sep Fut at 12250 -12270 with SL of 12320 for target of 12000.
"Visit Daily www.NorthPole77.com , Join profit making community...Today!"
Monday, September 20, 2010
BUY HPCL Sep Fut at Rs540 with SL of Rs532 for Target of Rs556
"Visit Daily www.NorthPole77.com , Join profit making community...Today!"
European markets update: CAC index up 0.7%, DAX index up 0.5% and FTSE index up 0.7%
"Visit Daily www.NorthPole77.com , Join profit making community...Today!"
Book profit in ITC given on Friday
"Visit Daily www.NorthPole77.com , Join profit making community...Today!"
FIIs were net buyers of Rs15.18bn in the cash segment on Friday (provisionally), according to the NSE web site. Local funds were net sellers of Rs7.47bn. In the F&O segment, the foreign funds were net buyers at Rs6.2bn. The foreign funds were net buyers of Rs11.43bn in the cash segment on Friday, according to SEBI data. Mutual Funds were net sellers of Rs7.5bn on the same day.
Corporate Snippets
SAIL has indicated that the proposed JV with Posco would be frozen by November. (BL)
NMDC is reportedly at an advanced stage of conducting due diligence for buy out of coal assets overseas. (BL)
National Environment Appellate Authority has suspended clearance to Vedanta’s bauxite mining project in Orissa. (BS)
United Spirits will launch an open offer starting November 10 to buy back shares from shareholders of Pioneer Distilleries. (BS)
Indian Railway Finance Corporation has received a nod from CBDT to issue tax-free ‘Railway Bonds’ amounting to Rs ~31 bn during 2010-11. (BL)
Tata Motors plans to hike the prices of its passenger cars, Indica and Indigo, by a ‘significant’ amount with effect from October 1. (TOi)
NMDC is reportedly at an advanced stage of conducting due diligence for buy out of coal assets overseas. (BL)
National Environment Appellate Authority has suspended clearance to Vedanta’s bauxite mining project in Orissa. (BS)
United Spirits will launch an open offer starting November 10 to buy back shares from shareholders of Pioneer Distilleries. (BS)
Indian Railway Finance Corporation has received a nod from CBDT to issue tax-free ‘Railway Bonds’ amounting to Rs ~31 bn during 2010-11. (BL)
Tata Motors plans to hike the prices of its passenger cars, Indica and Indigo, by a ‘significant’ amount with effect from October 1. (TOi)
Friday, September 17, 2010
European markets update: FTSE Index up 1.2%, CAC Index up 1.6% and DAX Index up 1%
"Visit Daily www.NorthPole77.com , Join profit making community...Today!"
Buy Nifty Sep 5800 PE at Rs30-32 with a SL of 16 for a Target of Rs 55
"Visit Daily www.NorthPole77.com , Join profit making community...Today!"
Buy Dabur Sep Fut at Rs 109.10-109.30 with a SL of Rs 107.90 for a Target of Rs114
"Visit Daily www.NorthPole77.com , Join profit making community...Today!"
FIIs were net buyers of Rs11.2bn in the cash segment on Thursday (provisionally), according to the NSE web site. Local funds were net sellers of Rs11bn. In the F&O segment, the foreign funds were net sellers at Rs25.64bn. The foreign funds were net buyers of Rs23.6bn in the cash segment on Wednesday, according to SEBI data. Mutual Funds were net sellers of Rs4.87bn on the same day.
Corporate Snippets
SBI has sort finance ministry nod for raising Rs200bn from the market. (BS)
Government cleared 11 new SEZ proposal including those of Infosys and Wipro. (BS)
Maruti may launch diesel SX4 by March 2011. (BL)
India added over 13.5mn new GSM mobile subscribers in August, with Bharti Airtel adding a little over 2mn users to achieve close to 30% market share (ET)
RIL is seeking a 25% increase in the price of natural gas it produces from the KG Basin (ET)
HPCL is setting up a 9-15 mmtpa greenfield refinery at Ratnagiri (ET)
ZTE has bagged two contracts worth nearly Rs1.2bn from Reliance Communications & BSNL seven months after a change in government regulation barring import of China-made equipment (ET)
Government cleared 11 new SEZ proposal including those of Infosys and Wipro. (BS)
Maruti may launch diesel SX4 by March 2011. (BL)
India added over 13.5mn new GSM mobile subscribers in August, with Bharti Airtel adding a little over 2mn users to achieve close to 30% market share (ET)
RIL is seeking a 25% increase in the price of natural gas it produces from the KG Basin (ET)
HPCL is setting up a 9-15 mmtpa greenfield refinery at Ratnagiri (ET)
ZTE has bagged two contracts worth nearly Rs1.2bn from Reliance Communications & BSNL seven months after a change in government regulation barring import of China-made equipment (ET)
Thursday, September 16, 2010
European markets update: FTSE Index and DAX Index flat, CAC Index down 0.2%
"Visit Daily www.NorthPole77.com , Join profit making community...Today!"
RBI hikes Repo rate by 25bps and hikes reverse repo rate by 50 bps
"Visit Daily www.NorthPole77.com , Join profit making community...Today!"
BUY HDIL Sept Futs at Rs269-270 with SL of Rs261 for target of Rs291
"Visit Daily www.NorthPole77.com , Join profit making community...Today!"
Wednesday, September 15, 2010
European market update; FTSE index up 0.2%, DAX index down 0.2% and CAC index down 0.3%
"Visit Daily www.NorthPole77.com , Join profit making community...Today!"
BUY Rcom Sep Fut at Rs163-163.5 with SL of Rs161 for Target of Rs171
"Visit Daily www.NorthPole77.com , Join profit making community...Today!"
BUY Maruti Sep Fut at Rs1353-1356 with SL of Rs1338 for Target of Rs1400
"Visit Daily www.NorthPole77.com , Join profit making community...Today!"
FIIs were net buyers of Rs16.51bn in the cash segment on Tuesday (provisionally), according to the NSE web site. Local funds were net sellers of Rs11.24bn. In the F&O segment, the foreign funds were net sellers at Rs23.92bn. The foreign funds were net buyers of Rs26.36bn in the cash segment on Monday, according to SEBI data. Mutual Funds were net sellers of Rs4.35bn on the same day.
Corporate Snippets
Bhel has bagged Rs26.7bn order for supply and installation of the main plant package for Dainik Bhaskar Power’s 2x600 mw coal-based thermal power project. (ET)
Tata Steel has decided to exercise its option of acquiring an 80% interest in the direct shipping ore project of New Millennium Capital Corp, Canada. (BS)
SAIL has signed a 50:50 JV with Indian Railways arm RITES to build a wagon-making unit at Kulti near Asansol in West Bengal. (ET)
International Coal Ventures Ltd, a JV between SAIL, Coal India, Rashtriya Ispat Nigam, NMDC and NTPC, is looking to acquire coal mines in Indonesia and has tied up with RITES for the purpose. (FE)
DLF, will invest about Rs5bn to develop three ultra-luxury housing projects in Shimla, Kasauli and Goa. (FE)
Tata Steel has decided to exercise its option of acquiring an 80% interest in the direct shipping ore project of New Millennium Capital Corp, Canada. (BS)
SAIL has signed a 50:50 JV with Indian Railways arm RITES to build a wagon-making unit at Kulti near Asansol in West Bengal. (ET)
International Coal Ventures Ltd, a JV between SAIL, Coal India, Rashtriya Ispat Nigam, NMDC and NTPC, is looking to acquire coal mines in Indonesia and has tied up with RITES for the purpose. (FE)
DLF, will invest about Rs5bn to develop three ultra-luxury housing projects in Shimla, Kasauli and Goa. (FE)
Tuesday, September 14, 2010
European markets update: FTSE Index up 0.2%, CAC Index up 0.3% and DAX Index up 0.2%
"Visit Daily www.NorthPole77.com , Join profit making community...Today!"
Indias August WPI Inflation at 8.5% on 2004-2005 base year
"Visit Daily www.NorthPole77.com , Join profit making community...Today!"
High risk traders short India Cements Sep Futs at Rs112 with SL of Rs115 for target of Rs104
"Visit Daily www.NorthPole77.com , Join profit making community...Today!"
Reliance Industries Ltd. @ 1002, OUR 1ST target achived, hold for next tgt.
Reliance at 1002,
OUR 1ST target achieved,
hold for next tgt.
1050,1100 ++
happy Diwali..
FIIs were net buyers of Rs25.19bn in the cash segment on Monday (provisionally), according to the NSE web site. Local funds were net sellers of Rs9.6bn. In the F&O segment, the foreign funds were net buyers at Rs14.25bn. The foreign funds were net buyers of Rs11.77bn in the cash segment on Sept. 9, according to SEBI data. Mutual Funds were net sellers of Rs2.86bn on the same day.
Corporate Snippets
Tata Teleservices crossed the 75mn subscriber milestone to become the fourth largest telecom operator in the country. (BS)
Suzlon Energy plans a research and development centre and listing its Chinese subsidiary, Suzlon Energy (Tianjin) Ltd, on the Hong Kong Stock Exchange, in a few years. (BS)
Kalpataru Power Transmission has secured three orders worth over Rs5.5bn from the Kenya Electricity Transmission Company and Parbati Koldam Transmission Company. (ET)
The Supreme Court adjourned the hearing on the Sasan coal dispute between Tata Power Company and Reliance Power to November 8, after Attorney General G E Vahanvati submitted that Tata Power had filed an affidavit containing wrong statements. (BS)
Suzlon Energy plans a research and development centre and listing its Chinese subsidiary, Suzlon Energy (Tianjin) Ltd, on the Hong Kong Stock Exchange, in a few years. (BS)
Kalpataru Power Transmission has secured three orders worth over Rs5.5bn from the Kenya Electricity Transmission Company and Parbati Koldam Transmission Company. (ET)
The Supreme Court adjourned the hearing on the Sasan coal dispute between Tata Power Company and Reliance Power to November 8, after Attorney General G E Vahanvati submitted that Tata Power had filed an affidavit containing wrong statements. (BS)
Monday, September 13, 2010
European markets update: FTSE Index up 0.8% and CAC Index up 1%
"Visit Daily www.NorthPole77.com , Join profit making community...Today!"
Short term delivery call:
Buy & Hold
ITC at Rs163 with
SL of Rs157 for
Target Rs177HOLD FOR 15 DAYS
BUY SAIL Sep Fut at Rs202 with SL of Rs198 for Target of Rs212
"Visit Daily www.NorthPole77.com , Join profit making community...Today!"
BUY Reliance Infra Sep Fut at Rs1036 with SL of Rs1027 for Target of Rs1055
"Visit Daily www.NorthPole77.com , Join profit making community...Today!"
BUY Reliance Infra Sep Fut at Rs1036 with SL of Rs1027 for Target of Rs1055
"Visit Daily www.NorthPole77.com , Join profit making community...Today!"
FIIs were net buyers of Rs9.88bn in the cash segment on Thursday (provisionally), according to the NSE web site. Local funds were net sellers of Rs2.01bn. In the F&O segment, the foreign funds were net sellers at Rs20.37bn. The foreign funds were net buyers of Rs4.62bn in the cash segment on Sept. 8, according to SEBI data. Mutual Funds were net sellers of Rs1.05bn on the same day.
Corporate Snippets
The government expects to complete the ONGC and IOC divestments in this financial year and to raise up to Rs190bn from the process. (BS)
Dr Reddy's plans to spend Rs16bn for capacity expansion in two years. (BS)
HCL Tech bags 3-year IT infra deal from New Zealand government. (ET)
PowerGrid Corporation Rs80bn FPO is set to enter the market in the second week of November 2010. (ET)
M&M is working on smaller fuel-efficient petrol engines to power its future growth, likely to be driven by overseas markets. (BS)
Infosys BPO stated that it would increase the total headcount of its Poland operations to 1,500 in next one year. (BS)
Reliance Industries agrees to sign a gas supply contract with Essar Oil. (BS)
Dr Reddy's plans to spend Rs16bn for capacity expansion in two years. (BS)
HCL Tech bags 3-year IT infra deal from New Zealand government. (ET)
PowerGrid Corporation Rs80bn FPO is set to enter the market in the second week of November 2010. (ET)
M&M is working on smaller fuel-efficient petrol engines to power its future growth, likely to be driven by overseas markets. (BS)
Infosys BPO stated that it would increase the total headcount of its Poland operations to 1,500 in next one year. (BS)
Reliance Industries agrees to sign a gas supply contract with Essar Oil. (BS)
Thursday, September 9, 2010
European markets update: CAC Index down 0.5% and DAX Index down 0.4%
"Visit Daily www.NorthPole77.com , Join profit making community...Today!"
Subscribe to:
Posts (Atom)
JOIN US!!
Send SMS for "STUDY" on 09825677777